There is no working model that supports a "functioning market economy with a massive state enterprise sector."

Question

Quizplus · Accepted Answer

A market economy relies on the principles of supply and demand, competition, and the private ownership of the means of production. A massive state enterprise sector suggests that the state plays a significant role in owning and managing businesses, which goes against the principles of a market economy. In practice, countries that have attempted to implement such a model (such as the former Soviet Union) have experienced economic inefficiencies and lack of innovation.

There Is No Working Model That Supports a "Functioning Market